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23807 Southwest St #1, Waterloo, NE, 68069

0beds
1baths
1,500sqft
$385,000
$257price/sqft
$3,004/moest. monthly cost
$120,160/yrincome needed

About This Home

Introducing Omaha’s first exclusive hobby condo project—where passion meets possibility on the edge of Elkhorn. These brand-new units offer flexible space for car collectors, cigar lounges, offices, studios, fitness areas, or play zones. A professionally managed HOA provides true maintenance-free ownership so you can focus on what you enjoy most. What truly sets these apart is the rare opportunity to not only enjoy your space, but also own and operate a business from it—something hard to find in today’s market. Ideal for entrepreneurs, creatives, and small business owners seeking a personalized yet professional environment. Modern construction with build-to-suit options at additional cost allows you to create a space tailored to your needs. Limited availability with one unit released at a time—secure yours today!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

5/10
9/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Construction materials: Steel Siding

Other

  • Builder name: Red Dog Building Group

Type & Style

  • Home type: Condo
  • Architectural style: Uncategorized
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • High Ceilings
  • Finished area below ground: 0
  • Finished area above ground: 1,500

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Master Bedroom

  • Level: None

Property

Details

  • Parcel number: 1264130564
  • Attached to another structure: Yes

Features

  • Exterior features: None
  • Fencing: None

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Drought
Heat Wave
Ice Storm
Wildfire
Winter Weather

FEMA Declared Disasters Across Nebraska Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance $415$4,980
Property Taxes $519$6,228
Electricity $124$1,493
Total$3,004$36,048

Income You'd Need if You Spent...

35% on housing$102,994/yr
40% on housing$90,120/yr
45% on housing$80,106/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 68069$250
Douglas County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 68069$187
Douglas County$157

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$385,000

New Construction

AgentMichael Maley
BrokerageBHHS Ambassador Real Estate

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